Why is Dev Labtech falling/rising?

As of 28-Aug, Dev Labtech Venture Ltd is experiencing a price increase, currently at Rs 70.36, which reflects a rise of Rs 3.35 or 5.0%. The stock has outperformed its sector by 3.85% today, reaching an intraday high of Rs 70.36. Despite this positive movement, the stock has shown erratic trading patterns, not trading on 3 out of the last 20 days. In terms of returns, the stock has increased by 5.01% over the past week, although it has declined by 9.45% over the past month and 20.94% over the past year. The rising investor participation, with a notable increase in delivery volume, suggests growing interest, which may be contributing to the current price rise.
In the broader market context, while Dev Labtech's recent weekly performance is positive, it contrasts with the Sensex, which has decreased by 2.34% over the same period. This indicates that the stock is gaining traction despite a generally unfavorable market environment. Year-to-date, the stock is down 8.62%, while the Sensex has gained 2.48%, highlighting the stock's struggle relative to the benchmark over a longer timeframe. Overall, the current price increase appears to be driven by short-term positive trading activity and increased investor interest, even as the stock faces longer-term challenges.